DRAM manufacturers are fined by the European Union

DRAM manufacturers are fined by the European Union

A number of semiconductor manufacturers have been asked by the European Union to pay millions of dollars in fines due to involvement in a DRAM pricing scheme that has been under investigation for years and has been recognized by all of them after that. Among the companies involved in the cartel in question is Toshiba, which has a large contract with Apple for large-scale memory distribution.

In total, European trade regulators will receive approximately $ 404 million in sanctions from nine Asian manufacturers. Samsung Electronics, Infineon, Hynix Semiconductor, Elpida Memory, NEC Electronics, Hitachi, Toshiba, Mitsubishi Electric and Nanya Technology already have a deadline- payment limit, which includes a 10% discount for recognizing the cartel.

Although the scheme did not occur during a recent period (it lasted from July 1998 to June 2002), it was only discovered because a tenth company involved with Micron revealed to participate in it during the same period. However, she was not forced to pay anything in fines.

(via Macworld UK)